StarkWare fires staff after Starknet revenue collapses 98%
Protos·60-word summary·1 min read
StarkWare laid off staff after Starknet's monthly revenue plummeted 98%, from a peak of $6 million. The restructuring follows the revenue collapse, indicating financial struggles for Starknet, a key layer-2 scaling solution for Ethereum. The layoffs reflect the project's significant revenue decline and potential impact on its development and ecosystem.
Tangem has announced the global rollout of Tangem Pay, a retail payments service allowing users to spend USDC directly from their self-custodial wallets. The service settles transactions on the Polygon network, enabling seamless crypto payments. This expansion aims to enhance crypto adoption by integrating layer 2 solutions for faster, cost-effective transactions. The rollout began in April 2026.
The article discusses US energy chief's optimism about Iran talks, with a potential ceasefire by April 30. While this diplomatic progress may positively influence broader negotiations, skepticism persists regarding a swift, lasting peace agreement. The focus remains on diplomatic efforts, but no specific layer2 or crypto-related details are provided in this news.
XRP's price remained at $1.41 on Sunday, after gaining nearly 8% over the past week, driven by increased investor optimism and improved technical indicators. Despite the bullish momentum, the token has struggled to break above $1.40, with a 2% daily gain reinforcing confidence. The price stagnation highlights ongoing resistance at this level amid positive market sentiment.
Iranian forces remain on high alert as US peace talks continue, according to Iran's parliament speaker. The ongoing military readiness reflects persistent tensions, potentially hindering diplomatic progress and impacting market sentiment. The situation underscores the geopolitical uncertainties affecting the broader crypto and Web3 sectors, especially in regions with heightened tensions.
The article discusses US-Iran talks resuming in Pakistan, with optimism for a breakthrough. While the focus is on geopolitical stability, the discussions could impact market dynamics. No specific dates or amounts are provided, but the talks' resumption signals potential shifts in international relations that may influence the broader crypto and financial markets.
Iran cited "major differences" with the US after failed peace talks, heightening geopolitical tensions. The talks, which aimed to ease US-Iran relations, collapsed on April 19, 2026, reducing short-term optimism and impacting market confidence. The failure underscores ongoing diplomatic challenges, with no immediate resolution in sight, affecting broader geopolitical and economic stability.